stmSo let’s talk about Amex Points Vs Chase Points: which is better.
In general, Chase Points are have more worth than the American Express points although this is basically due to the value of travel portal redemptions which is usually easy and the most common way to redeem. It is much higher for Chase’s Ultimate Rewards program when compared with the Amex Membership Rewards program.
The American Express Membership Rewards and the Chase Ultimate Rewards are the most popular reward programs for some good reasons. Both memberships offer high value points that are very flexible and save frequent travelers few bucks to thousands of dollars on yearly basis.
However, the Amex and Chase programs appear to be similar, well maybe just at first. However, the American Express and Chase reward programs show key differences in redeeming options.
Choosing between these two good rewards programs strongly depends on which program’s benefits fits-in to meet travel needs.
Amex Membership Rewards Vs Chase Ultimate Reward Programs
| AmEx Point Value | Chase Point Value | |
| Travel portal redemptions | 0.7 – 1.0 cent each | 1.25 – 1.5 cents each |
| Gift card redemptions | 0.5 – 1.0 cent each | 1.0 – 1.1 cents each |
| Cash-back redemptions | 0.6 cents each | 1.0 cents each |
| Transfer redemptions | 1.0 – 5.0 cents each | 1.0 – 4.0 cents each |
| Pay with points at checkout | 0.7 cents each | 0.8 cents each with Amazon and 1.0 cent each with Apple |
| Shopping portal | 0.5 cents each | Null |
| Experiences | Null | 1.0 cent each |
| Average value | 1.75 cents each | 2.0 cents each |
Do Amex Points Expire?
American Express membership reward points doesn’t have an expiration date attached to it. It is an absolute No, but points and rewards might be forfeited as a matter of choice by a client when they close their account or account is closed due to inactivity.
How Much Is Amex Points Worth?
Over time, American Express Membership Rewards Points has been near the top of TPG’s 30 days (monthly) valuations of loyalty currencies and is being rated at 2 cents per point. Nonetheless, it does not mean that you will receive exactly 2 cents in value every time you redeem your points which is tied with chase based on structure.
You can also use your Membership Rewards Points to lessen eligible charges from statement as cash back but the American Express only values point rewards at 0.6 cents each if you redeem by this method which way less than TPG’s valuation.
How To Transfer Points To Dollars
The American Express Membership Rewards points solely rely on the method you choose to redeem them. An overview on how to change points to useful money, here are some mostly used redemption methods and approximated Points value;
- Gift cards: If you redeem Points via AmEx Membership Rewards gift cards portal, you will receive from 0.5 cents or even 1 cent per point changed.
- Online Checkout: About sixteen retailers allows the linkage of AmEx rewards membership account to let you get access to payments with points at online checkout at point value of about 0.5 cents to 1 cent.
- Travel: Flights purchased via American Express Travels is redeemed at 1 cent per point.
Rare ways of redeeming points include; Statement credit, Transfers, Online Shopping, Travel transfers, and many others.
Summary
These points can be gained and redeemed through several ways. The American Express Points value differs depending on how you redeem them with a range from 0.5 cents to 1 cent per point. Decision to choose between Amex and Chase rewards depends on needs
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